Nifty Prediction 8-3-2021

Nifty Prediction Nifty could be very volatile for a few more days. Use rise to short sell stocks already in downtrend.

Part of what we did

01/03/21, 09:07 – Glen Drago: Good morning 01/03/21, 09:07 – Glen Drago: Hold positions as told 01/03/21, 10:36 – Glen Drago: Axis Bank Hold 1 Part short as told 01/03/21, 10:36 – Glen Drago: Nifty 25 March 14000 Put hold as told 01/03/21, 10:37 – Glen Drago: STBT Nifty 25 March 14600 Call short done at 450 Hold 01/03/21, 11:54 – Glen Drago: kotak came to our resistance but sorry I forgot to give confirmation msg 01/03/21, 11:54 – Glen Drago: if anyone has short sold kotak please book 50% and trail rem to 1850 spot 01/03/21, 13:27 – Glen Drago: next round we will be going short aggressively 01/03/21, 13:27 – Glen Drago: be ready to short 01/03/21, 13:27 – Glen Drago: let the pullback end 01/03/21, 13:28 – Glen Drago: I will be giving levels if comes just ensure you ask me before taking trades as there will be many counters so keep in mind if areas come and I forget to alert you feel free to alert me as there are going to be many counters 01/03/21, 13:33 – Glen Drago: Nifty Sell between 14770-14803 sl 14830 (positional add) 01/03/21, 13:33 – Glen Drago: spot rates mentioned 01/03/21, 13:42 – Glen Drago: Nifty sell is active 01/03/21, 13:42 – Glen Drago: STBT Nifty 25 March 14600 Call short done at 450 Hold 01/03/21, 14:21 – Glen Drago: Nifty book profit for sell done today at 14770 cmp 14725 01/03/21, 14:21 – Glen Drago: STBT Nifty 25 March 14600 Call short done at 450 Hold 01/03/21, 14:21 – Glen Drago: Axis Bank shorts 1 Part hold 01/03/21, 14:22 – Glen Drago: as and when we get low risk points we will add shorts in individual stocks 01/03/21, 14:24 – Glen Drago: Nifty March 14000 Put Buy Hold 01/03/21, 14:25 – Glen Drago: Axis Bank shorts 1 Part hold 01/03/21, 14:25 – Glen Drago: Nifty 25 March 14600 Call short done at 450 Hold 01/03/21, 14:26 – Glen Drago: Kotak & Icici have not triggered till now so we will wait for them to come to zones 01/03/21, 14:26 – Glen Drago: Kotak & Icici have not triggered till now so we will wait for them to come to resistance zones 01/03/21, 14:30 – Glen Drago: https://www.tradingview.com/x/6VPJPpfu/ 01/03/21, 14:30 – Glen Drago: some of you are asking me tgt for axis \ 01/03/21, 14:30 – Glen Drago: click on this for details 01/03/21, 14:38 – Glen Drago: can see a bit more upside 01/03/21, 14:39 – Glen Drago: hold shorts as told when to add shorts will update 01/03/21, 14:56 – Glen Drago: Hold positions as told 01/03/21, 14:56 – Glen Drago: Will update when to add shorts 02/03/21, 09:03 – Glen Drago: Good morning 02/03/21, 09:03 – Glen Drago: Hold positions as told 02/03/21, 09:03 – Glen Drago: Will update as and when anything needs to be done 02/03/21, 10:11 – Glen Drago: Gold will underperform this year Silver will outperform this year Whenever we have to buy silver will update 02/03/21, 13:20 – Glen Drago: Will update as and when anything needs to be done 02/03/21, 13:20 – Glen Drago: Let pullback get complete 02/03/21, 13:20 – Glen Drago: Nifty 25 March 14600 Call short done at 450 Hold 02/03/21, 13:21 – Glen Drago: Axis Bank shorts 1 Part hold 02/03/21, 13:21 – Glen Drago: Will update as and when anything needs to be done 02/03/21, 15:50 – Glen Drago: There is no change in this 02/03/21, 16:04 – Glen Drago: And please keep margins open for short selling tomorrow. Tomorrow we will go short aggressively 03/03/21, 09:06 – Glen Drago: Good morning 03/03/21, 09:06 – Glen Drago: Hold positions as told 03/03/21, 09:06 – Glen Drago: Wait for msg to add shorts in stocks 03/03/21, 09:17 – Glen Drago: Kotak Bank Sell between 1877-1920 sl 1933 tgt 1742 spot levels mentioned 03/03/21, 09:18 – Glen Drago: Icici Bank Sell between 624-634 sl 639 tgt 546 spot levels mentioned 03/03/21, 09:18 – Glen Drago: Nifty 25 March 14600 Call short done at 450 Hold 03/03/21, 09:18 – Glen Drago: Axis Bank Hold 1 Part short 03/03/21, 09:22 – Glen Drago: Maruti sell 1 part at cmp 03/03/21, 09:23 – Glen Drago: Maruti if comes higher we will sell 2nd part not crossing 7400 spot I see maruti heading for 6400 03/03/21, 09:32 – Glen Drago: Axis Bank trade summary we sold 1 part at 723 then 2nd part at 775 booked profit in 2nd part at 741 and now holding 1st part shorts 790 sl spot levels mentioned we see axis bank heading for 600 odd area 03/03/21, 10:38 – Glen Drago: Nifty 25 March 15100 Call sell at cmp 320 hold till expiry trade 03/03/21, 10:39 – Glen Drago: Icici Bank Sell between 624-634 sl 639 tgt 546 spot levels mentioned 03/03/21, 10:44 – Glen Drago: Icici Bank Sell 1 part at cmp if comes to 634 add 2nd part sl 639 spot rates mentioned 03/03/21, 11:25 – Glen Drago: Kotak Bank Sell between 1877-1920 sl 1933 tgt 1742 spot levels mentioned 03/03/21, 11:25 – Glen Drago: kotak active can sell 1 part here and 2nd part towards 1920 spot level 03/03/21, 13:50 – Glen Drago: Kotak sell 2nd part at 1920 spot rate 03/03/21, 14:48 – Glen Drago: Hold all short calls for now 03/03/21, 14:48 – Glen Drago: i will update on whatever has to be done 03/03/21, 14:50 – Glen Drago: fake move going on hold all shorts 03/03/21, 14:52 – Glen Drago: Bank Nifty if you want to buy otm puts can buy here 03/03/21, 14:52 – Glen Drago: high risk guys only do trade 03/03/21, 14:53 – Glen Drago: Axis Bank continue holding 1 part shorts 03/03/21, 14:53 – Glen Drago: Kotak bank Hold 1 Part shorts 03/03/21, 14:53 – Glen Drago: Icici Bank hold 1 part shorts 03/03/21, 14:54 – Glen Drago: Maruti Hold 1 Part short done at 7175 spot level will update whenever we have to add 2nd part 03/03/21, 14:55 – Glen Drago: Asis Bank hold 1 part short net shorting cost 757 spot level hold 03/03/21, 14:55 – Glen Drago: Icici Bank Hold 1 part short done at 624 spot rate if comes higher we will sell 2nd part 03/03/21, 14:56 – Glen Drago: Kotak bank Hold 1 Part short done at 1877 if 1920 spot comes we will add 2nd part short spot rates mentioned 03/03/21, 14:56 – Glen Drago: Nifty 14000 Put Buy Hold till expiry trade 03/03/21, 14:57 – Glen Drago: Nifty 25 March 14000 Put Buy Hold till expiry trade 03/03/21, 14:57 – Glen Drago: Nifty 25 March 14600 Call short done at 450 Hold & Nifty 25 March 15100 Call short done at 320 Hold 03/03/21, 14:58 – Glen Drago: Hold all shorts as told reiterate 12100 coming 03/03/21, 14:58 – Glen Drago: will keep updating as and when anything needs to be done 03/03/21, 14:58 – Glen Drago: please strictly follow msg and trade 03/03/21, 14:58 – Glen Drago: thoda risk lena padega yaha par rr and everything in favor of taking a risk so just follow and trade 03/03/21, 14:59 – Glen Drago: please addata teda sauda matt karna 04/03/21, 09:10 – Glen Drago: good morning 04/03/21, 09:10 – Glen Drago: hold positions as told 04/03/21, 09:10 – Glen Drago: will update as and when anything needs to be done 04/03/21, 09:17 – Glen Drago: KOtak Bank book 50% of part 1 at cmp and hold rem qty 04/03/21, 09:18 – Glen Drago: maruti book 50% of part 1 and hold rem qty with trail to cost 04/03/21, 09:19 – Glen Drago: Nifty 25 March 14000 Put Buy Hold till expiry trade 04/03/21, 09:19 – Glen Drago: Nifty 25 March 14600 Call short done at 450 Hold & Nifty 25 March 15100 Call short done at 320 Hold 04/03/21, 09:19 – Glen Drago: Axis Bank hold 1 part short 04/03/21, 09:20 – Glen Drago: icici bank hold 1 part short 04/03/21, 09:20 – Glen Drago: will update as and when anything needs to be done 04/03/21, 09:22 – Glen Drago: Maruti keep trailing sl to 7170 spot and hold rem 50% qty shorts of part 1 04/03/21, 09:23 – Glen Drago: reiterate overall view is heading for 12100 when and where to add shorts will tell for now just hold existing shorts 04/03/21, 09:43 – Glen Drago: icici bank book 50% of part 1 at cmp/618 spot 04/03/21, 09:44 – Glen Drago: icici bank hold rem 50% qty with trailing sl of 630 spot level 04/03/21, 09:49 – Glen Drago: Nifty 25 March 15100 Call short done at 320 book profit at cmp/280 04/03/21, 09:49 – Glen Drago: Nifty 25 March 14600 Call short done at 450 Hold 04/03/21, 09:49 – Glen Drago: Nifty 25 March 14000 Put Buy Hold till expiry trade 04/03/21, 09:57 – Glen Drago: gold do not buy as yet will guide when to buy 04/03/21, 11:02 – Glen Drago: will update as and when anything needs to be done 04/03/21, 11:13 – Glen Drago: maruti exit rem 50% qty shorts 04/03/21, 11:44 – Glen Drago: too volatile & large moves on both sides. Hold shorts as told. Please strictly follow msg and trade. 04/03/21, 11:44 – Glen Drago: as of now hold all shorts as told 04/03/21, 11:45 – Glen Drago: overall i do not see upside sustaining but sharp volatility and pullbacks can’t be ruled out 04/03/21, 11:46 – Glen Drago: Trend is down Nifty is sell at appropriate resistance areas When and where to add shorts will guide For now hold shorts 04/03/21, 11:47 – Glen Drago: I see 12100 coming over next few weeks 04/03/21, 12:03 – Glen Drago: *Nifty* trend is down 04/03/21, 12:57 – Glen Drago: icici bank exit rem short qty 04/03/21, 12:58 – Glen Drago: kotak bank hold rem 50% shorts 04/03/21, 12:58 – Glen Drago: Axis bank hold 1 part short 04/03/21, 12:58 – Glen Drago: Nifty 25 March 14000 Put Buy Hold till expiry trade 04/03/21, 12:58 – Glen Drago: Nifty 25 March 14600 Call short done at 450 Hold 04/03/21, 12:58 – Glen Drago: whenever we have to sell more will update 04/03/21, 15:05 – Glen Drago: Hold shorts as told 04/03/21, 15:16 – Glen Drago: Can see some more volatility tomorrow so just hold existing shorts as told 04/03/21, 15:17 – Glen Drago: At low risk area we will short as of now just hold shorts that are there 04/03/21, 15:17 – Glen Drago: kotak bank hold rem 50% shorts 04/03/21, 15:17 – Glen Drago: Axis bank hold 1 part short 04/03/21, 15:17 – Glen Drago: Nifty 25 March 14000 Put Buy Hold till expiry trade 04/03/21, 15:17 – Glen Drago: Nifty 25 March 14600 Call short done at 450 Hold 04/03/21, 15:18 – Glen Drago: As and when anything needs to be done will update 05/03/21, 09:12 – Glen Drago: Good morning 05/03/21, 09:12 – Glen Drago: Hold positions as told 05/03/21, 09:12 – Glen Drago: Will update as and when anything needs to be done 05/03/21, 09:16 – Glen Drago: Axis Bank book 50% of part 1 and trail rem 50% qty to 762 spot level and hold 05/03/21, 09:16 – Glen Drago: on pullbacks we will sell at appropriate resistances 05/03/21, 09:20 – Glen Drago: Axis bank hold 50% of part 1 shorts 05/03/21, 09:20 – Glen Drago: Nifty 25 March 14000 Put Buy Hold till expiry trade 05/03/21, 09:20 – Glen Drago: Nifty 25 March 14600 Call short done at 450 Hold 05/03/21, 09:20 – Glen Drago: kotak bank hold rem 50% shorts

05/03/21, 09:46 – Glen Drago: Let nifty come higher to appropriate levels for short selling. Be patient for higher levels 05/03/21, 10:15 – Glen Drago: Axis Bank trade summary we sold 1 part at 723 then 2nd part at 775 booked profit in 2nd part at 741. Booked 50% of part 1 at 724 today and holding the remaining 50% qty of part 1. Net cost now at 789 spot hold with 790 spot sl for 600 tgt on rise we will sell more for target of around 600 05/03/21, 13:53 – Glen Drago: Axis bank hold 50% of part 1 shorts 05/03/21, 13:53 – Glen Drago: Nifty 25 March 14000 Put Buy Hold till expiry trade 05/03/21, 13:53 – Glen Drago: Nifty 25 March 14600 Call short done at 450 Hold 05/03/21, 13:53 – Glen Drago: kotak bank hold rem 50% shorts 05/03/21, 13:53 – Glen Drago: as and when anything needs to be done will update

if you are only trading on the basis of this post please use your own risk management and then only trade

Regards,

Glen Drago

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